June 17, 2019 / 6:03 AM / 4 months ago

China Railway Construction says won't work with UBS on dollar-bond sale

BEIJING, June 17 (Reuters) - China Railway Construction Corp (CRCC) has decided not to cooperate with UBS for a planned dollar-bond sale, a spokesman at the Chinese infrastructure giant told Reuters on Monday.

Earlier, Bloomberg reported that CRCC decided against hiring UBS as a joint global coordinator on the bond sale after remarks about pigs by an economist at the Swiss bank last week sparked a public outcry in China, citing people familiar with the matter.

Reporting by Yawen Chen and Ryan Woo Editing by Shri Navaratnam

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below